China has denounced Australia’s decision to cancel agreements between the Belt and Road Initiative and the Victoria state government, signalling a worsening of relations between the countries.
Australia “basically fired the first major shot against China in trade and investment” conflicts, Chen Hong, director of the Australian Studies Centre at East China Normal University in Shanghai, told the Communist Party-backed Global Times. “China will surely respond accordingly.” “What we have to wait for now is how Beijing will react materially” to Payne’s move, Clive Hamilton, a professor at the Charles Sturt University, said in an interview on Thursday. “The Belt and Road is Beijing’s strategic tool to advance Beijing’s influence around the world.”
The BRI deals with Victoria, the nation’s second-most populous state, aimed to increase Chinese participation in new infrastructure projects. They were signed between October 2018 and a year later.The laws allow Prime Minister Scott Morrison’s government to block or curtail foreign involvement in a broad range of sectors such as infrastructure, trade co-operation, tourism, cultural collaboration, science, health and education, including university research partnerships.
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